Catalyst is a platform for crypto-focused traders, data curators, and investors.

It is a platform that empowers anyone to build their own crypto hedge fund and participate in the coming Renaissance of the financial ecosystem. Our vision is to enable developers to build winning investment strategies, a strong track record and attract investment from community investors. Catalyst is a playground where developers, quants, and experienced traders can easily build, simulate, and eventually live trade cryptocurrencies using sophisticated programmatic strategies. Regular investors can then invest directly in winning strategies through our system. With this, we’re hoping to make smart-investing in this new emerging asset class accessible to everyone.

The Catalyst Protocol

Catalyst is also a protocol to bridge existing and future exchanges into a single, decentralized system that is fast, scalable and most importantly — keeps users in control of their funds. Our goal is to disrupt the technology driving exchanges (and crypto-trading in general) in much the same way that the Lightning/Raiden networks are set to disrupt payments. This is a necessary step, as current centralized exchanges have a history of halting payments and worse — losing assets under their custody. Similarly, recently introduced decentralized on-chain exchange protocols lack the low-latency characteristics to support any practical trading infrastructure — let alone a high frequency one.

TEAM

ADVISORS

The ECAT Token - Catalyst's native token

We believe that to be successful, native tokens should have real utility — you should never create a token just because you can, and you should not invest in any token whose purpose you can’t understand. It is important to us and to our community that ECAT serve a critical and transparent purpose for all stakeholders.Most generally, Catalyst tokens are used to reward creation by and for the community (e.g. trading strategies, data sources) and are consumed when community members access premium services on the platform.

Right now we are focusing on four main token dynamics:

1. Quant-trading platform. High performing trading strategies will be rewarded with Catalyst tokens through periodical competitions. Developers will be required to spend Catalyst tokens to be eligible to attract investments.

3. Investment platform. Users who invest in trading strategies will have to consume Catalyst tokens. The management and performance fees that traders charge will also be based on Catalyst tokens.

4. Catalyst Exchange. Liquidity providers running our exchange protocol will be given Catalyst tokens proportional to their contribution to the liquidity pool.

The ECAT Token Sale

Timing:The token sale will take place in mid-August. An exact date will be announced in this thread, in a blog post, and across all of our social channels.

Token Distribution:We are creating a fixed supply of one hundred million (100M) tokens, to be allocated as follows:

50% to be made available in the initial token sale (to be used only for operations)

30% retained as incentives for the Catalyst community

10% distributed to the Enigma team and advisors (current and future)

10% retained by Enigma

Use of funds:Funds raised through the token sale will be used as follows:

60% for product and technology development

15% for blockchain research

10% for operations

10% for marketing purposes

5% for legal and administrative costs

Mechanics of Sale:Our primary goal for the sale is to have a wide distribution of ECAT tokens. After studying many successful token sales, we saw that having a wide distribution of tokens is key to a cohesive community and to the long term success of the project.

We are considering a tiered sale approach that was first introduced by our friends at Civic to make sure everyone who wants to contribute in our token sale gets a chance. Exact details on the tiers will be released closer to the token sale date. ECAT token sale will only accept Ether and participants will need to create an ERC-20 compliant wallet. MyEtherWallet (web wallet) and desktop wallets such as Parity, Mist can be used to receive ERC20 compliance ECAT tokens after the token sale. No lock-up period will be required for the tokens after the sale.

Let's see how you make this concept Cross-Chain Atomic Swaps more interested this is much hot in current era. Bounty campaign will it more visible in crypto world as so many people would like to promote this to earn rewards.

Quite an interesting project, just wondering why there isn't much traction with the community,maybe people are already fed up with so many ERC20 Tokens made day by day.Some go down, some make it to mainstream market. I hope this Enigma Catalyst project makes a great success.Already submitted my application for Filipino translation on slack. Hoping to hear back from the team soon Good luck guys!

The team are professionals with their own fields.No wonder the whitepaper is well-written and the ANN is organized.I believe this is a promising project as they have investors already and they have the technical capability to make this a reality.Hope the token will not be that expensive.